If ever there were a signal that Da Nang is ready to claim its spot on the global stage, this is it. On August 19, the city witnessed a groundbreaking moment – literally – when Sun Group, hand in hand with Da Nang’s People’s Committee, launched construction on Da Nang Downtown, a mega urban complex that redefines entertainment, culture, and commerce in Vietnam.
Strap in, because what we’re about to explore is more than just a city project – it’s a vision of the future!
A Cultural and Commercial Powerhouse in the Making
Imagine a place where dazzling fireworks light up the skyline beside a 69-story tower, where live performances unfold under the stars, and where riverfront shopping avenues buzz day and night. That’s the dream Da Nang Downtown promises to deliver.
A Celebration of National Pride
This ambitious project was officially kicked off as part of commemorations for the 80th anniversary of Vietnam’s August Revolution and National Day. The ceremony saw city leaders, business executives, and Sun Group’s regional chairperson standing together, proud and hopeful.
Mr. Ho Ky Minh, Standing Vice Chairman of Da Nang City, shared passionately:
“Da Nang Downtown comes at the perfect time – unlocking a new era of growth, pushing our competitiveness, and anchoring Da Nang as the top-tier tourism, commerce, and lifestyle hub of Vietnam.”
A Closer Look at Da Nang Downtown
Big Numbers, Bold Vision
Spanning nearly 77 hectares in Hoa Cuong Ward (where Euro Village Park once stood), Da Nang Downtown is backed by a staggering investment of nearly 80,000 billion VND. The complex includes:
- A world-class cultural and entertainment park
- A 4,000-seat theater space (including an Opera hall and multipurpose auditorium)
- Interactive museums and modern exhibition centers
- A busy waterfront commercial street buzzing with energy
- A lush green park hugging the poetic Han River
- And of course, the jaw-dropping 69-story signature tower – set to be the tallest in Central Vietnam
Location, Location, Location!
Nestled between Tran Thi Ly Bridge and Tien Son Bridge, this riverside gem is being dubbed “the center of the center”— literally the heart of downtown. It lies on the last diamond-shaped land parcel by the Han River, promising unparalleled views and visibility.
Envisioned to rival international hotspots like Clarke Quay and Marina Bay Sands in Singapore, Da Nang Downtown is Vietnam’s boldest move yet to claim its stake in the global entertainment economy.
Nonstop Entertainment 24/7
This isn’t your average city center. Da Nang Downtown will offer non-stop action, from open-air performances with global artists to immersive cultural events. Think concerts, art shows, fireworks displays, and vibrant nightlife — every day of the week, all year round.
Inspired by the tranquil Han River, the master plan blends “nature – water – cultural performance” into a symphony of motion and color. Central to the design is a peaceful water court and a winding canal network wrapping around green zones to keep the area alive and breathing – a jungle of modern joy.
Live, Work, and Play – All in One Place
Beyond cultural delight, Da Nang Downtown will cater to modern living and working:
- Luxurious residential towers and streetside boutique hotels
- A bustling commercial space with high-end shops and vibrant night markets
- All-in-one lifestyle amenities such as gyms, swimming pools, kids’ play zones, fine-dining restaurants, and more
Bringing a Global Lifestyle to Vietnam
At the core of it all? The awe-inspiring 69-story tower.
Standing at 408 meters, this will be Vietnam’s second tallest building and is already being touted as a new regional landmark. Designed to symbolize the elegant Vietnamese ‘Ao Dai’ and crowned with a flame-like observation orb, it’s more than a building – it’s a beacon.
Hosting:
- Luxury hotels and residences
- Grade-A offices
- Panoramic observation decks
- Sports, conference, and shopping facilities
This skyscraper is destined to draw comparisons with Bangkok’s MahaNakhon and Shanghai Tower – but with a distinct Vietnamese soul.
Fueled by Confidence – and Capital
At the groundbreaking event, BIDV bank stepped up to the plate, committing a credit package worth nearly 67,700 billion VND to support Sun Group’s grand vision.
As part of Da Nang’s strategic expansion post its reunification with Quang Nam Province, this mega project adds to the city’s impressive portfolio that includes:
- 2 World Heritage sites
- 2 international airports
- And major national initiatives such as the Free Trade Zone and International Finance Center
More Than a Destination – A Catalyst for Change
Together with icons like Sun World Ba Na Hills and the InterContinental Danang Sun Peninsula Resort, Da Nang Downtown is solidifying the city’s magnetic pull. This isn’t just urban planning – it’s a whole-hearted shift toward global prestige.
As Nguyen Van Binh, Sun Group’s Chairman for the Central Region, stated:
“This will be Da Nang’s 24/7 hotspot – full of rhythm, light, and life. We aim to wake the city at night and make it ‘not only livable – but lively.’”
What’s Next?
Once completed, Da Nang Downtown is expected to redefine Vietnam’s place on the global tourism and entertainment map. Whether you’re a traveler in search of unforgettable experiences, an investor eyeing future hotspots, or a local dreaming big – this project is lighting the path forward.
So pack your bags, charge your camera, and prepare for something spectacular. Da Nang Downtown is on the way – and the future is brighter than ever.
📍 Powered by the passion of Sun Group
🏙️ Developed in partnership with Da Nang People’s Committee
🎉 Managed and promoted by Da Nang City Tourism Promotion Center